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MNI: PBOC Injects CNY190 Bln In OMOs Wed; Liquidity Unchanged

     BEIJING (MNI) - The People's Bank of China injected CNY100 billion in
seven-day reverse repos, CNY80 billion in 14-day reverse repos and CNY10 billion
in 63-day reverse repos via open-market operations Wednesday, Wind Information,
a Shanghai-based financial data provider, said.
     This resulted in a net zero injection/drain for the day, as a total of
CNY190 billion in reverse repos mature on Wednesday. 
     The CFETS-ICAP money-market sentiment index ended at 59 on Tuesday, up from
53 at Monday's close. The lower the reading the better the liquidity conditions
in the interbank market.
     The PBOC is expected to make an official announcement on its website about
this morning's OMO around 9:45 a.m., Beijing time. 
     The benchmark seven-day repo average was last at 2.6621%, compared with
2.9223% on Tuesday.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86 (10) 8532-5998; email: rich.dirks@marketnews.com
[TOPICS: MMQPB$,M$A$$$,M$Q$$$,MN$MM$]

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